Nationwide reveals FlexAccount saves £2,000 on 18th birthday

19 May 2005
To mark the 18th birthday of its FlexAccount current account, Nationwide has revealed that those who opted for the account 18 years ago will have made savings worth £2,000 by now.

Launched 18 years to the day yesterday, on May 18th 1987, the FlexAccount was the first full service current account to offer telephone banking and pay interest.

During the 1990s, it was also the first to launch a Visa debit card and introduce internet banking, and it remains the only account not to charge for transactions abroad.
Those who opt for the FlexAccount today stand to benefit from the lowest standard overdraft rate in the market, at 7.75 per cent, and credit interest worth 3.00 per cent on credits worth more than £1,000 a month.

"If you have missed out on the savings and benefits of a Nationwide FlexAccount over the last 18 years you should switch today," said Stuart Bernau, executive director of Nationwide.

"Switching your current account to Nationwide has never been easier. You can do it in just ten minutes and you may get up to 30 times more interest for your money."

Click here to compare the best current accounts.

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